Real estate investment rises 40% year-over-year

Published on October 10th 2017

The registered number in the first nine months of the year accounts for 91% of the total 2016 investment.

Real estate investment, which includes residential, office, commercial, logistic and hotel segments, amounted to about 8.7 billion euros in the first nine months of the year, up 40% more than in the same period of 2016, according to data from the consultant JLL.

The figure recorded between January and September already accounts for 91% of the total investment accounted for last year, which stood at 9,564 million.

The head of the Capital Markets of JLL, Borja Ortega, explained that the real estate market "is going through an excellent moment" and it is foreseeable that all business segments improve their investment volume compared to 2016 and historical figures are reached by the end of the year.

By segments, retail is the largest volume of investment in these nine months, 3,267 million, 28% more than in the same period of 2016.

 

Source: Espansion

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